In a filing, Urgent.ly Inc revealed its Director Ben Volkow unloaded Company’s shares for reported $13082.0 on Dec 18 ’24. In the deal valued at $0.52 per share,25,100 shares were sold. As a result of this transaction, Ben Volkow now holds 395,540 shares worth roughly $0.19 million.
Then, Ben Volkow sold 1,978 shares, generating $1,004 in total proceeds. Upon selling the shares at $0.51, the Director now owns 393,562 shares.
Before that, Ben Volkow bought 81,234 shares. Urgent.ly Inc shares valued at $43,460 were divested by the Director at a price of $0.53 per share.
Needham initiated its Urgent.ly Inc [ULY] rating to a Buy in a research note published on December 12, 2023; the price target was $7.
Price Performance Review of ULY
On Monday, Urgent.ly Inc [NASDAQ:ULY] saw its stock unchanged to $0.48. Over the last five days, the stock has lost -4.57%. Urgent.ly Inc shares have fallen nearly -84.86% since the year began. Nevertheless, the stocks have fallen -83.33% over the past one year. While a 52-week high of $3.45 was reached on 03/13/24, a 52-week low of $0.41 was recorded on 11/21/24. SMA at 50 days reached $0.5774, while 200 days put it at $1.2334.
Levels Of Support And Resistance For ULY Stock
The 24-hour chart illustrates a support level at 0.4429, which if violated will result in even more drops to 0.4059. On the upside, there is a resistance level at 0.5165. A further resistance level may holdings at 0.5531. The Relative Strength Index (RSI) on the 14-day chart is 39.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0373, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.47%. Stochastics %K at 27.75% indicates the stock is a holding.
How much short interest is there in Urgent.ly Inc?
A steep rise in short interest was recorded in Urgent.ly Inc stocks on 2024-10-31, growing by 0.2 million shares to a total of 0.45 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.25 million shares. There was a rise of 44.94%, which implies that there is a positive sentiment for the stock.
